SCHEDULE 2MODEL CLAUSES FOR PRODUCTION LICENCES RELATING TO FRONTIER AREAS—NO BREAK CLAUSE

Term of LicenceI13

1

This licence unless sooner determined under any of the provisions hereof shall be and continue for the Initial Term.

2

Upon expiry of the Initial Term this licence shall, provided always that its terms and conditions continue to be performed and observed, be and continue in force as follows—

a

subject to clauses 4 and 9, for the Second Term;

b

subject to clauses 5 and 9, for the Third Term; and

c

subject to clause 6, for the Production Period.